Digital Transformation

451 Research defines digital transformation as the result of IT innovation that is aligned with and driven by a well-planned business strategy, with the goal of transforming how organizations serve customers, employees and partners; support continuous improvement in business operations; disrupt existing businesses and markets; and devise new businesses and business models.

We are in an era of digital revolution, where competitive advantage depends on how well we use the enterprise digital infrastructure, and how we utilize the business applications and massive amounts of data flowing across it. Every company is becoming a software company - some just don't all realize it yet. But those that do are digitally transforming themselves to take advantage of cloud computing at scale, advanced analytics, massive amounts of data coming from every connected device, and the power of AI and machine learning to derive insights from that data and drive better decision-making.

Technology & Business Insight

The Emerging Era of Smart Content

Modern experiential expectations for employees and customers and the need for greater business operational efficiencies are placing new demands around how content is generated, used and managed.

The Association of Southeast Asia Nations (ASEAN) is home to approximately 650 million people, but it accounted for some 13% of Asia-Pacific hosting, cloud, and managed services revenue in 2017. Opportunities lie in several emerging economies, where various cloud-enabled digital services are in the growth phase.

451 Research's Voice of the Enterprise: Data & Analytics 2H 2018 survey proves that the majority of enterprises are investing in data processing and analytics technologies, with a view to becoming more data-driven. The results also highlight that there are distinct differences between the most data-driven companies – the Data Drivers – and the least data-driven – the Data Drifters.

The Total Data market is expected to grow at a compound annual growth rate (CAGR) of 10.3% to reach total revenue of $146.1bn in 2022, according to the latest update from 451 Research's Total Data: Data, AI & Analytics Market Monitor service.The fastest-growing subsegments illustrate the shift toward distributed data processing and advanced analytics.

The business process services market opportunity is being transformed via the application of cloud delivered advanced technologies. Customers are increasingly seeing BPS providers as partners to assist with the digitization of business processes that forms part of every digital transformation project. All technology vendors need to be aware of the changing scope of BPS in order to hone their partnering strategies for digital transformation.